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On average, every small and medium-sized bank will get about 100 million yuan from the RRR cut, which will save them nearly 6 billion yuan in financing costs. The RRR for more than 4,000 small and medium-sized depositary institutions will drop to 6 percent, a new low. The moves will further encourage commercial banks to increase credit to small and medium-sized enterprises, it said.

On early Saturday morning, the Russian Foreign Ministry said the deal was announced in a joint statement by Armenian Foreign Minister Zohrab Mnatsakanyan, Azerbaijani Foreign Minister Jeyhun Bayramov and Russian Foreign Minister Sergei Lavrov.

On Wednesday, China announced plans to remove limits on ownership in local banks and scrap size requirements for foreign firms that operate onshore. Among the changes, overseas insurance groups will be allowed to set up units in the world's second-biggest economy, the China Banking and Insurance Regulator said as high-level trade talks between China and the US got underway in Beijing.

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On Tuesday, the company announced the upgrade of OceanConnect IoT Platform — Internet of Vehicle (also known as IoV). Huawei’s solutions based on AI and IoT innovations are now used across sectors including finance, energy and manufacturing, with all solutions injecting intelligent connectivity genes for the industries, Qiu said.

On Thursday, a sailor from the carrier was admitted to an intensive care unit in Guam after testing positive for the coronavirus last month.

On behalf of the UN chief Antonio Guterres, spokesperson Stephane Dujarric said "we continue to closely follow developments on this matter," adding that UN will "be analyzing any possible implications that this development may have with respect to the implementation of the agreement."

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On the Taiwan question, Yang stressed that the one-China principle is the political foundation of China-US relations, and said China is resolutely determined to safeguard its core interests.

On Tuesday, seven mainland testing technicians visited three testing laboratories in Hong Kong－set up separately by mainland medical companies BGI Group, Hybribio and KingMed Diagnostics－to learn about Hong Kong's testing status, local media reported.

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On Wednesday, McMillon also called for collaboration between the US and China.

On the next day, she arrived at the Jingzhou Yangtze River Bridge－the border between her hometown county and the city proper of Jingzhou. She had to leave her bike at a local store and walk over as the bridge was fenced off to block traffic.